HiQ SIGNS NEW FRAMEWORK AGREEMENT WITH SWEDBANK

HiQ has recently signed a new framework agreement with Swedbank IT. The agreement is for three years and covers services within IT development like testing, test management, systems development, architecture and project management. The agreement is strategically important, as it further strengthens HiQ's position within the finance and insurance sectors.

"We are very pleased and proud about our new agreement with Swedbank IT. We have enjoyed a long and fruitful collaboration with Swedbank in the past and we see this framework agreement as evidence of their satisfaction. HiQ already holds framework agreements that cover Swedbank's operations. We strive each day to simplify and improve people's lives and everyday activities and look forward to new, exciting opportunities to do just that at Swedbank," explains Magnus Gudéhn, Business Area Manager, HiQ Stockholm.

Swedbank offers a full range of banking services for both private individuals and businesses in its home markets of Sweden, Estonia, Latvia and Lithuania. With its roots in the Swedish savings bank movement, which began in 1820, Swedbank promotes sound and sustainable finances for a large number of individuals, households and businesses. Swedbank serves approximately 9.8 million private customers and around 631,000 businesses and organisations. Swedbank operates 319 branches in Sweden and over 200 branches in the Baltic countries. The corporation also has operations in the other Nordic countries, the U.S., China, Russia and Ukraine.

"Over the years, HiQ has earned itself a leading position within the finance and insurance sectors. Our solid understanding of the finance industry, combined with our cutting-edge expertise in services related to IT development, means that we have an excellent understanding of what is needed to help our customers stay on top," says Lars Stugemo, President and CEO at HiQ.

For more information, please contact:

Lars Stugemo, President and CEO, HiQ Ph: +46 8 588 90 000

Peter Häggström, Head of Corporate Communications, HiQ, Ph: +46 8 588 90 000, +46 (0)704- 200 103

Magnus Gudéhn, Business Area Manager for HiQ Finance, HiQ Stockholm, Ph: +46 8 588 90 000, +46 (0)704- 200 082

HiQ is an IT and management consultancy company focusing on high-tech solutions in the fields of communications, software development and simulation technology. The company is a leading player in these fields and the Nordic region is its domestic market. HiQ employs close to 1,300 people at offices in the Nordic region and Russia. HiQ is listed on the NASDAQ OMX Stockholm Mid Cap. For more information, please visit www.hiq.se

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